Every time risk professionals would have a conversation about risk analysis and specifically risk quantification, someone, inevitably, would come in on a high horse and use this excuse to supposedly… Continue reading The lamest excuse for not quantifying risk and you are probably guilty of it too…
Tag: quantitative risk analysis definition
4 types of risk analysis, 1 bad and 3 good examples
Say what you will about risk management in financial services, one thing is for sure, it is much more mature than risk management outside of financial services, at least when… Continue reading 4 types of risk analysis, 1 bad and 3 good examples
5-week risk quantification bootcamp by Alex Sidorenko and #Archer
Archer got together with Alex Sidorenko, FERMA Risk Manager of the Year 2021, RIMS International Honoree 2021, to create this practical bootcamp designed to help companies implement quantitative risk management… Continue reading 5-week risk quantification bootcamp by Alex Sidorenko and #Archer
3 steps to make your business more resilient
Don’t ignore expected losses In risk management there is a concept that will be useful for any business out there, it is called – EXPECTED LOSSES. This means that certain… Continue reading 3 steps to make your business more resilient
You can quantify any risk on the planet, just follow these steps
While I written this post about compliance risks in the past, I later applied exactly the same math and logic to any non financial risk, including intellectual property, legal, environmental,… Continue reading You can quantify any risk on the planet, just follow these steps
Is your risk manager a USER or a GENERATOR? What about you?
I bet every person working in a large corporation or reading me on LinkedIn knows at least one risk manager. Maybe you like them, maybe you ignore them, but can… Continue reading Is your risk manager a USER or a GENERATOR? What about you?
Your kids are not taught risk management at school, you have to do it
I wanted to start with some typical math problems in school: Two cars started from the same point, at 5 am, travelling in opposite directions at 40 and 50 mph respectively.… Continue reading Your kids are not taught risk management at school, you have to do it
Possibly the best risk assessment template
While working on the project in the Middle East recently the RISK-ACADEMY team came up with what looks like the best risk identification template I’ve seen in a long time.… Continue reading Possibly the best risk assessment template
RM1 vs RM2 – which side will you choose?
I feel risk management is on a verge of something interesting, something very exciting at the moment. For a long time, I naively thought that by doing good risk management all… Continue reading RM1 vs RM2 – which side will you choose?